High Frequency Trading EA: Free MT5 Expert Advisor

Overview

High Frequency Trading EA operates during a user-defined time window and manages orders based on distance multipliers and spread limits. The robot includes risk management features such as stop losses and trailing stops, with flexible lot sizing based on fixed values or account percentage metrics including balance, equity, or margin. Order modification occurs at set intervals to adapt to rapid market changes.

Automated order modification frequency

Customizable trading session hours

Dynamic lot sizing based on account equity

Integrated trailing stop logic

Details

Author

umerdawood23 on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Scalping

Markets

Any symbol

Timeframes

M1-M5

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

EA files

HFTEA/HFTEA.mq5

Source

github.com/umerdawood23/High-Frequency-Trading-Expert-Advisor

Input parameters

Read from HFTEA.mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`InpMagic`	`int`	`12345`	Unique identifier for EA's trades
`Slippage`	`int`	`1`	Maximum allowed slippage in points
`StartHour`	`int`	`16`	Trading session start hour (24h format)
`EndHour`	`int`	`17`	Trading session end hour
`Secs`	`int`	`60`	Order modification frequency (seconds)
`LotType`	`enumLotType`	`0`	Lot size calculation method
`FixedLot`	`double`	`0.01`	Fixed lot size (if LotType=0)
`RiskPercent`	`double`	`0.5`	Risk percentage (if LotType=1,2,3)
`Delta`	`double`	`0.5`	Base order distance multiplier
`MaxDistance`	`double`	`7`	Maximum order placement distance
`Stop`	`double`	`10`	Stop loss size in points
`MaxTrailing`	`double`	`4`	Trailing stop activation threshold

Show all 13 inputs

Name	Type	Default	Description
`MaxSpread`	`int`	`5555`	Maximum allowed spread in points

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone umerdawood23/High-Frequency-Trading-Expert-Advisor from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.

3Copy the filesCopy the .mq5 file into Experts.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.

Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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